Sen. Dodd told CNN Wednesday that officials in the Treasury Department asked him to add the bonus loophole to the stimulus bill before it was passed.

WASHINGTON (CNN) - Senate Banking committee Chairman Christopher Dodd told CNN’s Dana Bash and Wolf Blitzer Wednesday that he was responsible for adding the bonus loophole into the stimulus package that permitted AIG and other companies that received bailout funds to pay bonuses.

soundoff(6 Responses)

SS

Accountability is good.

March 18, 2009 05:57 pm at 5:57 pm |

No Hillary = No Obama

Where are the checks and balances on the chairman of committees? You mean to tell me one person has this much power, no oversight, no discussion, no nothing. No wonder this country is in the mess it's in.

March 18, 2009 05:58 pm at 5:58 pm |

Brian

Putting in his two weeks' notice a few months early.

March 18, 2009 05:58 pm at 5:58 pm |

no corporate politics

Obama and all of Congress knew about this ahead of time. Don't be a scapegoat for Obama, even if he shares some of the AIG lobby money with you. (just calling it what it is)

March 18, 2009 05:59 pm at 5:59 pm |

liz

He admitted it...but Geinther knew it too. Both should apologize to the American people and Geinther should resign...